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hpreet Kaur 5:29 a.m. Phase 1.: Decide which type of company you would like to have.: Manufacture, Distributor, Retail, Restaurant TMPhase 2: Company created
hpreet Kaur 5:29 a.m. Phase 1.: Decide which type of company you would like to have.: Manufacture, Distributor, Retail, Restaurant TMPhase 2: Company created in 2015. Decide how much sales you have done in 2020. Any amount between 500k and 3M will be ok. TMPhase 3.: Build your team to support this size of company. What matters here is the number of person for each department like you have seen in the budget exercises. TMPhase 4.: Build your Income statement of 2020. Use the following rate if you have them in your budget.: COG 40%, Commission 5%, Prod salary 25%, Marketing 10%. Create has many department as you need for your company to make sense. Mind the salary for each employee. We have done a module on this and your salary must make sense. TMPhase 5.: Submit your document in Teams. It needs 3 pages at least. Font size 12 for main text. -Cover page -Company descriptions with overall goal, challenges and expectations -Description of all departments with current number of employees, explanation of challenges in 2020 per department. The Table with the
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